incoterms 2021

What’s new in Incoterms 2021 and why it’s important

The international trade industry sees millions of transactions every year. If you are a part of it, you already know that there is no way to avoid Incoterms. International Commercial Terms were first defined in 1936 by the International Chamber of Commerce as a universal language that trading companies worldwide…

What’s new on Incoterms 2020

The Incoterms┬« rules define the important responsibilities of buyers and sellers for the delivery of goods under sales contracts. They are the authoritative rules for determining how costs and risks are allocated to the parties. Incoterms rules are regularly incorporated into contracts for the sale of goods worldwide and have…